Bushveld Minerals Share Discussion Threads

[bmnsa] 31/1/2019 08:57

6877A good honest reply there

[jakecat1] 30/1/2019 21:36

Mwah ha ha ha

[dmitribollokov] 30/1/2019 20:11

Yep, low 20s i’d probably get back involved. The chart does look very heavy.

[dmitribollokov] 30/1/2019 19:38

Not going to endear me to the loonies, but i still think if 36/37 doesn’t hold we’ll see the 20s in fairly short order.

[le maillot jaune] 30/1/2019 18:56

Face on Egg.

[knuttie] 30/1/2019 18:15

Production in 2018 has not run as smoothly as one hoped for but that hasn’t stopped the company generating fabulous profits.given that they started with a defunct run down plant shareholders expectations , including me were unrealistic. All I would say is that the scope for further bottom line growth is huge WHEN they sort out the teething problems

[plat hunter] 30/1/2019 18:09

Knuttie,

If you wait long enough, there's obviously every chance to be corrected. That said, most savvy people realise that valuations are on the BID, so it has in fact given it all up.

you have nothing to shout about. Fingers crossed for you; for tomorrow, so you can have another chance :-)

[knuttie] 30/1/2019 18:05

Plat hunter Monday close 38.5/39
Wednesday close 38.5/39.5 so strictly speaking you are wrong.

[katylied] 30/1/2019 17:33

No doubt most have already seen this, but if not something to read...

[dmitribollokov] 30/1/2019 16:47

agreed pediment was going to say the same thing, the only post with any balance.

[jakecat1] 30/1/2019 16:26

Some really big knockers on this board...

[pediment] 30/1/2019 16:08

There's actually one non muppet posts on LSE, apart from myself obviously:-)
And That's Daisan, measured and very on the ball.

[plat hunter] 30/1/2019 15:49

Lol, Yellow jersey

That's like trying to cross the motorway, wearing a blindfold

[le maillot jaune] 30/1/2019 15:44

Lots of head scratching going on over at animal farm today but I thought I'd share this gem of a postGood afternoon all. Good, bad or indifferent won't part my from my shares in Bushveld until such time as they reach an acceptable value. That is very much higher than now. I would part with half my holding for a fiver a share and I don't consider that greedy or unreasonable.Really !

[jc2706] 30/1/2019 15:04

Indeed. Delays in reporting are almost always the harbinger of bad news.

[jc2706] 30/1/2019 14:47

I agree that the Vanadium market is incredibly difficult to track with up to date, consistent and accurate data hard to come by. As such, it is usually only possible to see what the trend is rather than the explicit numbers. It would be nice if there was a futures market but there isn't so we have to grab what sources we can. Those sources suggest that it is currently stable after a precipitous drop which followed on from a huge rise.

There has been much debate as to why the rise and fall took place last year. The most sensible explanation for me was that the price initially rose owing to the reduction in supply (in China, for environmental reasons, and elsewhere) but this accelerated as the introduction of the rebar standards approached with traders stockpiling. It would appear that the standards were widely flouted before entering into the shutdown period which resulted in the traders de-stocking and the price falling as rapidly as it rose.

There are some reasons to believe that the Vanadium price is once again set to rise, principally because we are coming through the Chinese steel shutdown period at the same time that reports are coming in suggesting that the new rebar standards are being enforced more rigorously and the Vanadium price is at a higher point than it was this time last year with stocks very low. It is likely in this scenario that a supply deficit will once again assert itself and we have seen that such a deficit causes daily strong rises. If this plays out then I anticipate new highs this year.

I should stress that this is my reading of events and my speculation of future activity based on what data sources I have available.

[pediment] 30/1/2019 14:34

It's very difficult to make any empirical projections with V, data is hard to come by and there's no central market. I don't expect there will be any time soon, at least not one the Chinese will take part in.

[vauch] 30/1/2019 14:24

It did pull back was in the $120s now at $70 but now we are in the up trend.

[nvhltd] 30/1/2019 14:18

Pediment: I know exactly what you mean, but again it does make me chuckle how he’s been bought back into the fold following his indiscretions last year when he said the Vanadium price would pull back significantly.

[pediment] 30/1/2019 14:00

I'm not going to pay too much attention to the house broker target, especially SpA.

Not saying it's nonsense but, you know.

[nvhltd] 30/1/2019 13:48

I see John Meyers is back in favour particularly with Knuttie who was claiming all last year that he didn’t have a clue. Just goes to show how fickle people are.

[coldspring] 30/1/2019 13:47

Dividend arrangements still pending and imagine if they sort the production out just how much cash there will be.....buying opportunity today I missed around 37.5 imho good luck bears and bulls